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Re: stervc post# 19781

Wednesday, 12/02/2009 4:27:00 AM

Wednesday, December 02, 2009 4:27:00 AM

Post# of 97239
Excellent to read your PDMI post. I'm holding and adding at these levels.

I just want to add that while FDA device approvals don't require the same expense and data collection that drug approvals do, the 3 month approval time for devices is only a guideline. The actual time varies and can take over a year.

That said, the % of device applications that are eventually approved is staggering, so while approval times are longer in 2009, the approval we're waiting for will certainly occur IMO.

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